Articles
Insurance
Australia’s QBE Insurance Group has said on June 21 that “significantly higher than expected claims activity during the first five months of the year in emerging markets” will hit its interim and full year results. 21 June 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has extended its global aerospace leadership with key appointments in North America. 20 June 2017
Insurance
The insurance sector is accepting that disruptive technologies will transform the way the industry has been operating over the past decades. As a consequence, traditional insurers have decided that the only way to avoid a shrinking business is to take action and get involved with the thriving insurtech start-up industry through cooperation and M&A. 20 June 2017
Insurance
Specialist Lloyd’s insurer Novae Group has hired Sarah Cracroft as marine trades underwriting manager. She will report to marine class underwriter Paul Hartley. 19 June 2017
Insurance
Lloyd's managing agent Charles Taylor has appointed Tamer Ozmen as a non-executive director of the company. He will join the audit, remuneration and nominations committees. 19 June 2017
Insurance
In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players. 16 June 2017
Insurance
Property/casualty insurer Chubb has opened a new office in Reading, Berkshire, and made two key appointments to expand its local presence across the UK and Ireland. 16 June 2017
Insurance
US personal lines insurer Allstate Corporation said June 15 that it estimates catastrophe losses for the month of May 2017 at pre-tax $403 million and $262 million after-tax, driven by a severe hail event in Colorado. 16 June 2017
Insurance
The Bermuda Business Development Agency (BDA) has appointed Greg Wojciechowski to its board of directors. 16 June 2017
Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY. 16 June 2017
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